Arctic Hunter Closes $250,000 Private Placement
ARCTIC HUNTER ENERGY INC.
NEWS RELEASE
May 2, 2018 TSX-V Trading Symbol: AHU
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ARCTIC HUNTER CLOSES $250,000 PRIVATE PLACEMENT
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VANCOUVER, B.C. - Arctic Hunter Energy Inc. (TSX-V: AHU) (“Arctic Hunter” or the
“Company”) is pleased to announce that it has successfully closed its previously announced (January 18,
2018) non-brokered private placement of 2,500,000 units of the Company, at a subscription price of
$0.10 per Unit, for total gross proceeds of CD N $250,000. Each Unit will cons ist of one (1) common
share and one (1) common share purchase warrant, ea ch warrant exercisable at a price of $0.15 for a
period of two (2) years from the date of issuance. All of the securitie s issued in the private placement
will be subject to resale restrictions in accordance with applicable securities laws, pursuant to which
they may not be sold or transferred until September 3, 2018.
The proceeds will be used for ongoing project costs and general working capital.
ABOUT ARCTIC HUNTER – OIL AND GAS PRODUCTION
The Company is a current Canadian Oil & Gas produ cer, exploration and mini ng resource development
Company that is focused on deve loping its production capabilities, obtaining potential future production
revenues, discovering and advancing its oil & gas assets and mining assets. The Company is continually
reviewing oil & gas and any future mining producti on and exploration opport unities, by identifying low
risk exploration through selective acquisitions and development of mining, petroleum and natural gas
resource assets situated in these favorable resource jurisdictions.
The Company has qualified management and has Oil & Gas and Mining teams of professionals
seasoned in production, field expl oration and drilling. Th e Company has the ne cessary manpower in
place to develop its natural resource properties and manage its production properties. The Company is
committed to minimizing risk through the selectiv e acquisition, exploration and development of
petroleum and natural gas resource and mining assets . The Company is conti nually reviewing future
production and exploration opportuniti es, through selective property ac quisitions and identifying low
risk exploration drilling activities situated in Canada, the United States, Mexico and abroad.
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FOR FURTHER INFORMATION, PLEASE CONTACT:
Tim Coupland, President and CEO
Arctic Hunter Energy Inc.
Tel: (604) 681-3131
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the
Policies of the TSX Ventur e Exchange) accepts respon sibility for the adequacy or accuracy of this
release.